GALA - GALA/USD

- USD (-)

- Real time data - Cryptocompare

Open:	-
Change:	-
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High / Low range:	-

Type:	Cryptocurrencies
Ticker:	GALAUSD
ISIN:

GALA - GALA/USD - Daily - Technical analysis published on 03/06/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Bearish

Technical indicators

22%

61%

17%

My opinion

Bearish under 0.037083 USD

My targets

0.032896 USD (-9.23%)

0.025201 USD (-30.46%)

My analysis

GALA - GALA/USD is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.037083 USD. The next support located at 0.032896 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 0.025201 USD. Below this support, sellers could then target 0.016180 USD.

Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.

Force

4.5

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

GALA - GALA/USD rating 0.036240 USD. The price registered a decrease of -0.03% on the session and was between 0.035940 USD and 0.036660 USD. This implies that the price is at +0.83% from its lowest and at -1.15% from its highest.

0.035940

0.036660

0.036240

The Central Gaps scanner detects a bearish opening marking the presence of sellers ahead of buyers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of this Daily chart of GALA - GALA/USD indicates that the overall trend is bearish. The signals given by moving averages are 64.29% bearish. This bearish trend is reinforced by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 3 are neutral and 11 are bearish. But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is oversold : under -100

Type : Neutral

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.016180	0.025201	0.032896	0.036240	0.042190	0.052070	0.059150
Change (%)	-55.35%	-30.46%	-9.23%	-	+16.42%	+43.68%	+63.22%
Change	-0.020060	-0.011039	-0.003344	-	+0.005950	+0.015830	+0.022910
Level	Minor	Intermediate	Intermediate	-	Intermediate	Minor	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.032213	0.033577	0.034913	0.036277	0.037613	0.038977	0.040313
Camarilla	0.035508	0.035755	0.036003	0.036250	0.036498	0.036745	0.036993
Woodie	0.032200	0.033570	0.034900	0.036270	0.037600	0.038970	0.040300
Fibonacci	0.033577	0.034608	0.035245	0.036277	0.037308	0.037945	0.038977

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.023950	0.029020	0.032030	0.037100	0.040110	0.045180	0.048190
Camarilla	0.032818	0.033559	0.034299	0.035040	0.035781	0.036521	0.037262
Woodie	0.022920	0.028505	0.031000	0.036585	0.039080	0.044665	0.047160
Fibonacci	0.029020	0.032107	0.034013	0.037100	0.040187	0.042093	0.045180

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.018893	0.029677	0.037083	0.047867	0.055273	0.066057	0.073463
Camarilla	0.039488	0.041155	0.042823	0.044490	0.046157	0.047825	0.049492
Woodie	0.017205	0.028833	0.035395	0.047023	0.053585	0.065213	0.071775
Fibonacci	0.029677	0.036625	0.040918	0.047867	0.054815	0.059108	0.066057

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	36.11
MACD (12,26,9):	-0.0028
Directional Movement:	-10.782457
AROON (14):	-71.428572
DEMA (21):	0.039997
Parabolic SAR (0,02-0,02-0,2):	0.044772
Elder Ray (13):	-0.004916
Super Trend (3,10):	0.047051
Zig ZAG (10):	0.036660
VORTEX (21):	0.8084
Stochastique (14,3,5):	9.90
TEMA (21):	0.036175
Williams %R (14):	-86.60
Chande Momentum Oscillator (20):	-0.009260
Repulse (5,40,3):	-3.3036
ROCnROLL:	2
TRIX (15,9):	-0.5062
Courbe Coppock:	29.39

MA7:	0.038749
MA20:	0.043405
MA50:	0.047625
MA100:	0.035203
MAexp7:	0.038657
MAexp20:	0.042950
MAexp50:	0.043005
MAexp100:	0.040397
Price / MA7:	-6.48%
Price / MA20:	-16.51%
Price / MA50:	-23.91%
Price / MA100:	+2.95%
Price / MAexp7:	-6.25%
Price / MAexp20:	-15.62%
Price / MAexp50:	-15.73%
Price / MAexp100:	-10.29%

Quotes : - Real time data - Cryptocompare

This member declared not having a position on this financial instrument or a related financial instrument.

About author

Londinia AI

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